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20110721
20110721
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in pakistan right now. i'm wolf blitzer, you're in "the situation room." first, a powerful reminder today, if they don't reach an agreement in the next 11 days, all hell could brea look. standard & poor's is warning the nation could be shoved back into recession very soon after the august 2i deadline passes with the clock ticking and stakes rising, our own jessica yellin learned that leaders plan to meet this hour at the white house. we're learning a good deal more about where the talks stand. kate bolduan has the latest. what do you know? >> both sides, all sides are cautioning and stressing that there is no deal. we are learning that president obama and house speaker john boehner are making a fresh drive to strive for one maybe last effort on this some of the ideas could include $3 trillion in debt reduction. that could include spending cuts of possibly a trillion or more, entitlement reform that could possibly include changing the age eligibility for -- of medicare, and also on the issue of revenues, there's discuss of whether the bush era tax cuts for higher income earners should expi
Search Results 0 to 0 of about 1